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Company \(R\)'s annual profit has increased by a constant amount each calendar year since \(1985.\) What was Company \(R\)'s annual profit in \(1991?\)
(1) In \(1985\) Company \(R\)'s annual profit was \(\$212,000;\) in \(1989\) Company \(R\)'s annual profit was \(\$242,000.\)
(2) Company \(R\)'s annual profit has increased by \(\$7,500\) each year since \(1985.\)
Answer: A
Source: GMAT Paper Tests
(1) In \(1985\) Company \(R\)'s annual profit was \(\$212,000;\) in \(1989\) Company \(R\)'s annual profit was \(\$242,000.\)
(2) Company \(R\)'s annual profit has increased by \(\$7,500\) each year since \(1985.\)
Answer: A
Source: GMAT Paper Tests
